Texico, NM
Population 858 · New Mexico
About Texico, NM
Texico is a small community located in New Mexico with a population of 858 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,958 per year, which is 15% below the national median of $75,149. The median age of 46.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Texico features a median home value of $95,000, which is 61% below the national median of $244,900. This makes Texico one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $916, 21% below the national average of $1,163/month. Of the 441 total housing units, 71% are owner-occupied (279 units) and 29% are renter-occupied (114 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Texico shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 21.0%, above the national average of 12.4%. Workers in Texico have an average one-way commute time of 15.5 minutes, one of the shorter commutes in the region.
Education & Demographics
8.0% of Texico residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 25.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 25.6% Asian residents, with 26.7% of the population being foreign-born.
How Texico Ranks in New Mexico
Cost of Living in Texico, NM
Compared to national averages, Texico has a median household income of $63,958 (15% below the national median of $75,149). Home values average $95,000, which is 61% below the national median. Monthly rent at $916 is 21% below the US average of $1,163. Within New Mexico, Texico's income is 5% below the state average of $67,435, and home values are 59% below the state median of $233,762.
Why Live in Texico, NM?
Texico offers affordable housing with a median home value of $95,000, below the US average of $244,900, and rent that’s lower than the national average at $916/month, and a strong job market with an unemployment rate of just 1.2%. Additionally, the city features short commute times averaging just 15.5 minutes.
Potential considerations include median household income ($63,958) that falls below the national average. However, Texico’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Texico has a population of 858 with a median age of 46.9 years. Compare Texico with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Texico
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Logan | 858 | $27,885 | $109,400 | Compare |
| Cedar Grove | 849 | $63,070 | $191,300 | Compare |
| La Puebla | 844 | $86,083 | $297,600 | Compare |
| Carnuel | 842 | $89,432 | $233,700 | Compare |
| Cedar Hill | 835 | $83,611 | $235,800 | Compare |
| Salem | 834 | $56,103 | $55,300 | Compare |
| Chamita | 829 | $62,813 | $230,700 | Compare |
| Sunlit Hills | 888 | $146,750 | $869,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Texico With Other Cities
Frequently Asked Questions about Texico
What is the population of Texico, NM?
The population of Texico, NM is 858 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Mexico.
What is the median household income in Texico?
The median household income in Texico, NM is $63,958 per year, which is 15% below the national median of $75,149.
What is the median home value in Texico?
The median home value in Texico, NM is $95,000, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Texico?
The median monthly rent in Texico, NM is $916, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Texico?
The unemployment rate in Texico, NM is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Texico, NM a good place to live?
Texico offers a moderate cost of living, affordable housing, and a strong job market. With a population of 858 and a median age of 46.9, the city appeals to established professionals and retirees.
How educated is Texico, NM?
8.0% of residents in Texico aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Texico?
Key cost-of-living indicators for Texico, NM: median home value is $95,000 (61% below national), median rent is $916/month, and median household income is $63,958. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Texico?
The poverty rate in Texico, NM is 21.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Texico, NM?
Texico's population is 25.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 25.6% Asian, and 5.8% two or more races. 26.7% of residents are foreign-born.